Wood-Claeyssens Foundation
- Assets
- $119.7m
- Revenue
- $26.7m
- Investments
- $75.1m
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 02/2012
- Data as of
- 03/2023
- EIN
- 32-0341358
Organization Overview
Wood-Claeyssens Foundation is located in Santa Barbara, CA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wood-Claeyssens Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, Wood-Claeyssens Foundation generated $26.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $22.2m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wood-Claeyssens Foundation has awarded 1,339 individual grants totaling $96,269,727. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noelle Claeyssens Burkey President | 40 | $265,824 | |
Charles C Gray Treasurer | 40 | $426,492 | |
Shelby Hughes Secretary | 40 | $266,024 | |
James Burkey Director | 0 | $0 | |
Brett L Burkey First Vice President | 40 | $263,681 | |
Brad Burkey Director | 10 | $58,256 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brownstein Hyatt Farber Schreck | 3/30/23 | $453,308 |
Hathaway Law Firm Llp | 3/30/23 | $367,978 |
Wells Fargo | 3/30/23 | $205,363 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $402,127 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,576,392 |
| Net Rental Income | $12,011,154 |
| Net Gain on Sale of Assets | $3,635,414 |
| Capital Gain Net Income | $3,635,414 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,687,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,602,300 |
| Other employee salaries and wages | $552,073 |
| Pension plans, employee benefits | $658,096 |
| Interest | $0 |
| Taxes | $438,142 |
| Depreciation | $3,563,229 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,412,238 |
| Total operating and administrative expenses | $14,510,957 |
| Contributions, gifts, grants paid | $7,715,500 |
| Total expenses and disbursements | $22,226,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,507 |
| Savings and temporary cash investments | $17,362,670 |
| Net Accounts receivable | $1,371 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $27,061,681 |
| Investments—mortgage loans | $0 |
| Investments—other | $958,000 |
| Net Land, buildings, and equipment | $39,581 |
| Other assets | $0 |
| Total assets | $119,749,866 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Wood-Claeyssens Foundation has awarded $7,715,500 in support to 116 organizations.
| Grant Recipient | Amount |
|---|---|
911 AT EASE INTERNATIONAL PURPOSE: GENERAL OPERATING FUNDS; SPONSORSHIP - HONORING NATIONS FIRST RESPONDERS | $245,000 |
ADVENTURES IN CARING FOUNDATION PURPOSE: ADVENTURES IN CARING VOLUNTEER PROGRAM | $10,000 |
ANGEL FLIGHT WEST INC PURPOSE: SOUTHERN CALIFORNIA PROGRAMS - SANTA BARBARA & VENTURA COUNTY | $33,000 |
ARTS OUTREACH PURPOSE: ART-IN-SCHOOLS PROGRAM | $5,000 |
ASSISTANCE LEAGUE OF VENTURA COUNTY PURPOSE: OPERATION SCHOOL BELL | $5,000 |
ASSISTANCE LEAGUE OF SANTA BARBARA PURPOSE: OPERATION SCHOOL BELL / TEEN SCHOOL BELL | $5,000 |